The price of coal in the production area will be reduced by 5-30 CNY/ton

On the port side, at this stage, the inventory of Beigang port is rising slowly, and the market transaction is still weak under strong supply and weak demand. However, in view of the large repair of the price difference between domestic and foreign trade, and the current market sentiment is slightly warmer, some quotations decline narrowed. At present, the main closing price of 5500 kcal power coal is 485-490 CNY/ton, and the closing price of 5000 kcal power coal is 415-420 CNY/ton. On the 15th, the total inventory of the three ports around Bohai Sea was 25.39 million tons (+ 94) million tons, Qinhuangdao 6.83 million tons, anchorage 13 ships, and expected 22 ships; Caofeidian port area 10.084 million tons, anchorage 2 ships, and expected 11 ships; Jingtang Port Area 8.477 million tons, anchorage 7 ships, and expected 8 ships. In the downstream, at present, the inventory of coastal power plants is rising again, daily consumption fluctuates in a narrow range, and the effect of active inventory reduction of key power plants is acceptable, but the demand for coal under the traditional consumption off-season is hard to be optimistic, and the demand for cement, chemical and other non electric terminals continues to recover.

On April 13, the national key power plants stored 72.04 million tons of coal, supplied 3.96 million tons of coal, consumed 3.46 million tons of coal per day, and had 21 days of use; on April 16, the six coastal power plants (increased Huadian) had 16.232 million tons of coal, consumed 578800 tons of coal per day, and had 28.04 days of use. In terms of imported coal, affected by the deterioration of foreign epidemic situation and drastic changes in the external market, the rebound of international sea freight is limited, but the quotation of foreign mines still has a downward trend, the turnover of goods is poor, all parties are pessimistic and have a strong wait-and-see mentality, while the weakness of coal market in the south is gentle, the price is weak and stable, and the turnover is flat. Now, the FOB price of 3800 kcal for Indonesian coal is $29.5-30.5, and that of 5500 kcal for Australian coal is $50.5-51.5.